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Active

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$11,500,000

121,472 sqft lot00|0 DOM

11640 Valley Blvd, El Monte, CA 91732

Property Description

EXCLUSIVE INVESTMENT OPPORTUNITY/ 11640–11730 Valley Blvd, El Monte, CA / An exceptional 121,472 SF (2.79-acre) flat vacant lot, zoned Mixed Multi-Use (MMU) development site, fully entitled and ideally situated in the heart of El Monte within the highly desirable San Gabriel Valley. This flat, infill parcel is a zoned MMU offering flexible development potential for commercial, retail, residential, mixed-use, and other permitted uses. It aligns with the City of El Monte’s General Plan for general commercial use, allowing for a wide range of high-intensity commercial developments. (buyer to verify). Currently an existing office building is located at the corner of Valley Blvd and La Madera Avenue. The 1,812 SF building was previously used as automotive dealership office space. The site is fully entitled for a mixed-use project across six parcels designed with Lot A (41,364 SF) and Lot B (80,108 SF). The approved plan includes approximately 83 residential units, consisting of 40 townhomes and 43 flats, 191 parking spaces, 21,260 SF of common open spaces, and an approved building height of four stories on Lot A and three stories on Lot B. Strategically located on high-traffic Valley Boulevard, this lot offers unmatched visibility and access to Interstate 10, Interstate 605, and State Route 60. Surrounded by significant public and private investment, this large 2.79-acre vacant lot is positioned within a rapidly transforming submarket experiencing significant public and private investment. A premier opportunity in one of Southern California’s most dynamic infill markets, this property represents a compelling opportunity to capitalize on long-term growth trends in the San Gabriel Valley, a region of increasing land constraints. This offering presents a rare opportunity for developers, investors, and owner-users to capitalize on an entitlement-ready project in a high-demand infill location. With its freeway access, Valley Blvd frontage, strong demographics, and proximity to major employment hubs, the property is ideally suited for a variety of uses including medical office, retail centers, hospitality, quick-serve restaurants, automotive uses, or a mixed-use development designed to maximize traffic flow and visibility.

Listing provided by: Kai KyiDRE #01986720626-587-4866 kaikyi@yahoo.com, Wetrust Realty

MLS #: AR26124117